2018 Best In Class – Halliburton Retirement and Savings Plan

Plan Name Halliburton Retirement and Savings Plan
Location Houston, TX
Asset Size $4.65B
Number of Participants 24,000
Business Oil & Gas / Energy
Participation rate 95.0%
Avg. deferral rate 7.5%
No. of funds offered 11
Investment Review Quarterly
True-up feature No
Match Vesting Period 2 years
Eligibility Immediate
Default deferral rate 6.0%
Default investment Custom Target-Date Fund
Auto-escalation Opt-Out
Systematic withdrawals Yes
Fee equalization Not applicable
Match Rate 100% of first 4% of salary; 50 of next 2%
% receiving full match 90% or more
Max Employer Contribution 7.0%
   
Financial education:  
Saving/budgeting Yes
Investing strategies Yes
College saving  
Credit/debt mgt Yes
Tax/estate planning  
Retiree health costs/savings options  
   
Recordkeeper Fidelity Investments

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